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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 03-04-2021, 11:06 AM   #8161
TinyEvel TinyEvel is offline
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BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks, i.e. banks, energy travel. I bought UBER back in September and already it's been going up nicely since.

You guys who have CDEV are looking pretty fly.
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Old 03-04-2021, 11:18 AM   #8162
MTG#10 MTG#10 is offline
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Originally Posted by TinyEvel View Post
BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks"
That's the reason I dont stress AMC dips and buy more. Even if it doesn't squeeze (has to eventually, numbers dont lie) as theatre openings start increasing the stock will move up at least enough to make a small profit. Yes, it was slowly dying before COVID but people miss going to the movies now. It will profit substantially at the very least for a year or so.
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Old 03-04-2021, 12:26 PM   #8163
scho63 scho63 is offline
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The market will keep bleeding red until you all throw in the towel.
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Old 03-04-2021, 01:15 PM   #8164
lewdog lewdog is offline
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Nasdaq in official correction territory. Down over 10%.
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Old 03-04-2021, 02:35 PM   #8165
Mr_Tomahawk Mr_Tomahawk is offline
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Originally Posted by lewdog View Post
Nasdaq in official correction territory. Down over 10%.
What does "official correction territory" mean?

Does this have any relevance to timing your investments in our current environment?
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Old 03-04-2021, 02:46 PM   #8166
MTG#10 MTG#10 is offline
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Market down, GME up is a trend.
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Old 03-04-2021, 03:06 PM   #8167
scho63 scho63 is offline
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Originally Posted by lewdog View Post
Nasdaq in official correction territory. Down over 10%.
A lot of NASDAQ high flyers are down 35-40-50% from their recent highs.

What goes way up too quick, must come down too quick.
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Old 03-04-2021, 03:24 PM   #8168
lewdog lewdog is offline
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Originally Posted by Mr_Tomahawk View Post
What does "official correction territory" mean?

Does this have any relevance to timing your investments in our current environment?
People here were losing their shit on 2-3% drops, which is really nothing and many times is consolidation on sideways movement.

10% drop has significance and the downward trend is official IMO around this marker.
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Old 03-04-2021, 04:15 PM   #8169
TinyEvel TinyEvel is offline
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Originally Posted by lewdog View Post
People here were losing their shit on 2-3% drops, which is really nothing and many times is consolidation on sideways movement.

10% drop has significance and the downward trend is official IMO around this marker.
Yeah I'm thinking there will be green days like yesterday but followed by more deeper red. Like one step up, two steps down, for a while.

When there's that much upside in the bull people are taking profits, it's just what happens. Especially with s much uncertainty still around what type of recovery there will be, how long, etc. If millions of people are on limited or no income, it's not like everyone;s gonna be ready to hop on planes and spend money.
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Old 03-04-2021, 05:40 PM   #8170
Stewie Stewie is offline
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Boy. Powell didn't do the markets any favors with his words today or for the near future.
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Old 03-04-2021, 05:49 PM   #8171
MTG#10 MTG#10 is offline
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Boy. Powell didn't do the markets any favors with his words today or for the near future.
I'm sure Biden's stimulus blockage didn't help either. If/when we finally get another one the market should perk back up nicely at least for a few days.
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Old 03-04-2021, 08:02 PM   #8172
eDave eDave is offline
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20k dogecoin for long-term holding let's go
Mark Cuban’s Mavericks to Accept Dogecoin for Tickets, Merch
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Old 03-04-2021, 08:34 PM   #8173
Buehler445 Buehler445 is online now
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I dumped Deere this afternoon. Lew was right. I should have put a trailing stop in. I wanted to sell Monday but though hell it’s on a run counter to the market. LET IT ROLL. That was the top.

I really want to tie out their EOP deadlines are to their earnings reports. I have a pretty good handle on the ag market. Turf is pretty flat. Construction is typically pretty stable. I know ****all about forestry, but I think I can capitalize on the flex in the ag sector.
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Old 03-04-2021, 09:41 PM   #8174
philfree philfree is offline
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Old 03-04-2021, 10:13 PM   #8175
Strongside Strongside is offline
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Sad times out here. I’m loading up on Rolls Royce with liquid funds right now. Don’t think it’ll go any lower but will likely rebound heavily in the coming months.
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